Compliance Insights - Regulatory Compliance
A PwC India Product
Effective compliance management is critical for any organization’s values and growth. Compliance environment globally is complex and cumbersome given the pace of changes, associated risks, and regulator activism. With its obligations coverage of around 60 countries, real-time dashboards, and reports, Compliance Insights has helped more than 200+ organizations and 4000+ users globally to transform the way compliances are managed. It shows the overall compliance health of the organization at any given time for senior management, compliance heads, and Board.
Challenges
Visibility around compliances across geographies
Person centric approach to compliance management over process and technology
Cross functional collaboration
Staying abreast and aware on regulatory changes across globe
Clearly defined accountability and ownership around compliances
Senior Management, Board awareness around compliance health of organization
Key Features
Single repository of laws, compliances, statutory forms, licenses, and compliance evidence
Risk-based classification of compliances to focus on compliance risks that matter
Clear assignment of roles and responsibilities at obligations level
Approval workflows and escalation mechanism
Customized dashboards and compliance reports
Digital compliance certificates for Board reporting
Customizable email alerts and reminders to users for compliance due dates
Compliance audits and trails
Mobile as well as a web application
Scalable architecture which supports integration with other GRC tools and data sources
Key Benefits
- Central Repository of compliance obligations at the entity level
- Repository of Compliance evidences
- Ability to Demonstrate process for monitoring compliances
- Improved compliance discipline & culture in the long run
- Automatically scheduled presentations and reports for compliance status
- Automatic escalation for compliance misses
- Clear accountability and responsibility locations and functions
- Clear accountability and responsibility locations and functions
- Automatic alerts for compliances
- Compliance reference repository
- Compliance performance self review and evaluation
How We can Help
Create a customized compliance repository in line with organizations' operations, an entity set up, and a geographical presence
Deploy compliance insights and digitize compliance repository for compliance monitoring automation
Provide periodic regulatory updates for changes in law and update compliance repository
Compliance helpdesk support with access to 100+ compliance and risk professional to user for advisory or compliance query support
Review of existing compliance processes to identify gaps and exposure areas
Program management support to operationalize the framework, ensure compliance risks are adequately managed and monitored
Indicative Commercial Model
- Corporate law areas like secretarial, tax, employment, payroll, data privacy, Anti-Bribery, AML, etc
- Regulatory and other bespoke risk areas like pharmaceutical, mining, maritime, mortgage, etc
- Configuration & upload of the content
- Right to use license (perpetual/annual)
- Training and handholding support
- Tracking of legal changes & providing customized updates
- Application upgrade & technical query resolution support
Recommended Products
Contact Us
Please enter your business e-mail address if you would like to receive more information, an offer, or a demo of this product. We will get in touch with you shortly.